Insider Sell: COO Mark Thurmond Sells 10,824 Shares of Tenable Holdings Inc (TENB)
Tenable Holdings Inc (NASDAQ:TENB), a company specializing in cybersecurity solutions, including vulnerability assessment and management, has reported an insider sell according to a recent SEC filing. Mark Thurmond, the Chief Operating Officer of Tenable Holdings Inc, sold 10,824 shares of the company on March 20, 2024. The transaction was disclosed in an SEC Filing.
The insider's recent sell brings the total number of shares sold by Mark Thurmond over the past year to 110,222, with no shares purchased during the same period.
The insider transaction history for Tenable Holdings Inc reveals a pattern of insider sells, with 52 recorded over the past year and no insider buys in the same timeframe.
On the date of the insider's recent sell, shares of Tenable Holdings Inc were trading at $49, resulting in a market capitalization of $5.719 billion.
The stock's price-to-GF-Value ratio stands at 0.89, with a GuruFocus Value of $54.88, indicating that Tenable Holdings Inc is considered modestly undervalued according to the GF Value metric.
The GF Value is determined by historical trading multiples, a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
